He's reportedly been charged with seven counts, including trafficking ice and possession of LSD and ecstasy, following reported police raids on his Port Melbourne home in January.

Vic Police confirmed a 54-year-old Port Melbourne man had been arrested and charged. He's been bailed to appear at Melbourne Magistrates Court this afternoon.

BREAKING: Former AFL coach Mark 'Bomber' Thompson has been arrested and charged with seven counts, including trafficking ice and possession of LSD and ecstasy, following reported police raids on his home. Report on 7 News at 6.00pm. #7AFL#7Newspic.twitter.com/W9v4QOkD78